'Boston Beer In Talks To Sell Itself To Jim Beam Owner Suntory; Deal For Samuel Adams Owner, Which Has A Market Value Around $3B, Is In Early Stages'
Portfolio Pulse from Benzinga Newsdesk
Boston Beer, the owner of Samuel Adams, is in early-stage talks to sell itself to Suntory, the owner of Jim Beam. Boston Beer has a market value of around $3 billion.
May 31, 2024 | 6:43 pm
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Boston Beer (SAM) is in early-stage talks to sell itself to Suntory, which could significantly impact its stock price. The market value of Boston Beer is around $3 billion.
The news of a potential acquisition by Suntory is likely to drive investor interest and could lead to a short-term increase in SAM's stock price. The market values Boston Beer at around $3 billion, indicating a significant transaction.
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